Netflix to Launch S. America Streaming Service

Dan Rayburn submits: Netflix's domination is about to truly go global. While Netflix (NFLX) has been saying that they will expand internationally in 2011, the company has yet to release any info about which location they plan to target next. While I don't have all the details or know all the specifics, it looks like South America is the next territory that Netflix will launch their streaming based subscription service. In order for Netflix to expand their business and keep up their current rate of growth, the company needs to enter countries that have a large population capable of getting a 2-3Mbps video stream. While not every country in South America fits that bill, many do, and they have huge populations with large Internet penetration rates:

Argentina: As of March 2010 the country had a 64% Internet penetration rate with 26.6M users with an average broadband speed of 3.33Mbps.

Related

The year 2015 was a great one for disruptive streaming service Netflix, Inc. (NASDAQ:NFLX), as the stock rallied on to post 135% in gains for investors – beating any other stock on the S&P 500 index.
In the last four years, Netflix has outperformed the Consumer Discretionary sector, as well as the market. The last time the stock witnessed a big drop was way back in 2011, when it dipped 33% over concerns that the company lost 800,000 subscribers during third-quarter (3Q) due to a price hike.

Netflix Inc. (NASDAQ:NFLX) revealed its plans to spruce up global expansion only a year ago. Reed Hastings, the company’s CEO set his goal of making the subscription video-on-demand service available almost anywhere in the world by the end of this year. Fast forward a couple of months, and he has hit the nail right on the head. Just last week, the company announced that it has gone live in 130+ international markets.

As part of its major European rollout agenda, Netflix, Inc. (NASDAQ:NFLX) has begun to ink deals with studios ahead of its planned launch in Spain. According to reports from Spanish media, the streaming giant is negotiating for its second phase of launch in Spain for either late summer or fall.

NEW DELHI: Around 25 per cent devices connected on mobile networks in the country are 3G enabled, out of which, only 45 per cent smartphones are used for the high-speed Internet service, showed a study by Nokia Networks. The survey, however, noted that 3G service is witnessing a rapid adoption among users. Growth of 3G subscription in a span of six months surged by 26 per cent, while its penetration in India stands at 24.59 per cent, it said. "A significant population of subscribers today has 3G enabled devices, which are still untapped.

Netflix, Inc. (NASDAQ:NFLX) is reportedly working with Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) to develop a live-action TV series based on the latter’s “The Legend of Zelda” franchise, the Wall Street Journal (WSJ) reports.

Dan Rayburn submits: Not much news usually takes place on the weekend, but on Saturday afternoon, Engadget.com posted multiple screenshots of an Amazon (AMZN) page offering free unlimited streaming of movies and TV shows.

On Monday, HBO announced that it is planning to begin its stand-alone web service in Spain. With this move, HBO will be able to compete with Netflix, Inc. (NASDAQ:NFLX) in an increasingly competitive environment, especially for cord cutters.
HBO’s plan aims to give internet users in Spain access to its streaming service by the second half of this year, thereby making HBO’s programming available without a pay TV subscription, for the first time.

According to reports by The Wall Street Journal, Netflix (NFLX) is planning to expand its European operations. The stock was up 7% yesterday, following the news that the company is holding discussions with American entertainment companies about streaming rights for European countries including France and Germany. According to the news Netflix has already started talks with the French government and plans to launch its services there by the end of this year.